Winvesta announces UK based multi-currency account for Indians
The account has a one-time set up fee of $5 and a flat fee of $1 on online payments made from it, incoming payments are free. One can subscribe to a basic tier for $2.99/month, or a premium tier of $9.99/month. The company is working on the launch of a debit card linked to the account.
MUMBAI: Winvesta on Thursday announced the launch of a multi-currency account for Indian residents. Investors can keep money in several currencies such as the dollar, pound sterling, and the euro. The account will be located in the UK where the company has the equivalent of a payments bank license, (or an e-money agent), said Swastik Nigam, co-founder, Winvesta.